ASK Group IVS — Credit Rating and Financial Key Figures

CVR number: 40534008
Diplomvej 373 A, 2800 Kongens Lyngby
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Company information

Official name
ASK Group IVS
Personnel
1 person
Established
2019
Company form
Entrepreneurial limited company
Industry

About ASK Group IVS

ASK Group IVS (CVR number: 40534008) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -2.7 kDKK in 2020. The operating profit was -9.6 kDKK, while net earnings were -7.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -15.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ASK Group IVS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
Volume
Net sales
Gross profit-7.69-2.70
EBIT-7.69-9.56
Net earnings-5.79-7.34
Shareholders equity total-5.79-13.13
Balance sheet total (assets)47.2145.61
Net debt3.057.21
Profitability
EBIT-%
ROA-13.7 %-16.8 %
ROE-12.3 %-15.8 %
ROI-15.2 %-19.6 %
Economic value added (EVA)-6.00-4.91
Solvency
Equity ratio-10.9 %-22.4 %
Gearing-829.1 %-367.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.8
Current ratio0.90.8
Cash and cash equivalents44.9541.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-16.8%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-22.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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